Meanwhile, the retailer expects current quarter revenues to grow, compared with the first quarters of 2019 and 2020.
E-commerce and lingerie brand Soma continue to be bright spots. But not enough to offset losses.
The retailer plans to accelerate the pace of new store openings, update fulfillment capabilities and add more local distribution centers.
The designer has worked in the fashion industry for 33 years, but he suspended his signature collection several years ago.
Shares rose at parent company L Brands after the retailer revealed better-than-expected holiday sales.
Even so, the retailer still plans on increasing its store fleet in the next few years.
The 21,527-square-foot space in Salzburg is to serve as a “window” for the AlphaTauri brand.
The British lingerie start-up is known for its mix of sexy and inclusive offerings.
The British-based lingerie brand, known for its sexy underpinnings, is launching a collection of everyday innerwear.
With $10 million in sales last year, founders of the brand see the next few years as a time of feasible exponential growth.
The big-box retailer is mixing up its senior leadership team in an attempt to capture more market share amid a troubling retail environment.
Katrina Lake, CEO and founder, dishes at the Goldman Sachs Technology and Internet Conference.
The executive chairman of the board and chief executive officer of American Eagle Outfitters discusses fashion amid the era of COVID-19, the future of retail and what he’s learned in 50-plus years as a merchant.
With a recent change of ownership, struggling high-street retailers are also looking at the online marketplace model for an answer.
The retailer released quarterly sales figures, improving at the Free People brand, while falling short at Urban Outfitters and Anthropologie.